Tag: Chinese steel market highlight
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Weekly: Volatility amid fluctuations in futures market witnessed in Chinese steel markets
The nation’s steel prices exhibited volatility during the week amid fluctuations in the futures market. However, Chinese New Year holidays scheduled from 11th Feb has a dampening effect on market sentiments. Feed materials like coking coal along with spot pellet premiums, spot lump premiums and billet prices witnessed an increase during the week. Chinese steel…